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20120930
20121008
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is not where we've been, but where we're going. governor romney has a perspective that says if we cut taxes, skewed towards the wealthy and roll back regulations that we'll be better off. i've got a different view. i think we've got to invest in education and training. i think it's important for us to develop new sources of energy here in america. that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the united states. that we take some of the money that we're saving as we wind down two wars, to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, ultimately it's going to be up to the voters, to you, which path we should take. are we going to double down on the top down economic policies that helped to get us into this mess, do we embrace a new economic patriotism that says, america does best when the middle class does best? and i'm looking forward to having that debate. >> governor romney? two minutes. >> thank you, jim. honor to be here with you and i apprec
romney believes with even bigger tax cuts for the wealthy and fewer regulations on wall street all of us will prosper. in other words, he doubled down on the same trickle-down policies that led to the crisis in the first place. >> how would you respond to that on wednesday? >> stop lying, mr. president. >> lying? what's the lie there? >> what romney said the wealthy will pay just as much under the romney administration -- the tax rate will go down. they'll lose deductions and other loopholes that they'll have them paying the same. that's what governor romney's plan. i love that ad. $4 trillion reduction in the debt, really, mr. president? really. he hasn't come forward with a plan. it's great ad. it sounds really nice and looks nice. but there's nothing substantive there. >> the comeback from president obama at that point, where are the details, that same question could be put to governor romney, you said hard truths in the convention, governor romney hasn't laid out which deductions will go away for the wealthy. >> the president of the united states has an obligation to be the one who's
advised him to focus on policy, such as romney's effort to distance himself from his own tax proposal. >> for 18 months he has been running on this tax plan. and, now, five weeks before the election, he is saying that his big bold idea is never mind. >> reporter: now top democrats and liberal pundits bemoan a missed opportunity. >> i don't know what he was doing out there, had his head down, enduring the debate rather than fight. >> it looked like romney wanted to be there, president obama didn't want to be there. >> reporter: some blamed denver's high elevation for his performance. >> when you go to 5,000 feet, and you have a few hours to adjust. >> that's interesting. >> i don't know. >> the president spent much time looking down at his podium take notes. and squandered easy opportunities to go after romney. such as this moment. >> i like pbs. i like big bird. i like you too. but i am not going to keep on spending money on things to borrow money from chon ina to p for it. a wide opening. the president took more than 14 hours to come up with a come? back. >> thank goodness, somebody
of congressional inaction. a washingt thinktank says if congress can't reach agreement on extending those tax cuts, nine out of ten, 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is so-called the fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to credit card customers. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007. the power steering might come loose and leak fluid causing a fire. only one fire has been reported thus far. h
trillion in tax cuts that favor the wealthy. >> reporter: obama campaign advisers were even more blunt, accusing romney of being dishonest on the debate stage. but some of the president's supporters and liberal pundits are baffled by what they saw as a passive performance. >> i felt like he should have been more aggressive. >> i don't know what he was doing out there. he had his head down. he was enduring the debate, rather than fighting it. >> reporter: president obama could have new worries today when the monthly job numbers come out. economists predicted the unemployment rate could go from 8.1% to 8.2%. >> critical numbers. tahman bradley live for us. thanks, tahman. >>> and one other campaign note this morning. a film dramatizing the raid that killed osama bin laden will make its debut just two days before the election. the national geographic channel denies there was any political motivation. it says the air date was chosen to kick off the fall season. >>> american airlines is cancelling or delaying dozens of flights today to fix a safety problem with its loose seats. the carrier
buried. they're just being crushed. i will not, under any circumstances, raise taxes on middle-income families. >> reporter: the president challenged his rival, saying that romney cannot keep his goal of cutting taxes and not add to the deficit without hurting the middle-class. >> now, five weeks before the election, he's saying his big, bold idea is never mind. >> reporter: other topics included medicare reform and the president's health care reform law. while there wasn't a knockout punch by either side, some feel the president may have been too relaxed. >> this time, he seemed just a little detached at times. didn't want to be there. >> reporter: most agree romney led the debate. and after lagging in many polls, this first match-up could give him the boost he needed. >> knowing he's behind and he needs to win. and he came in and fought that fight stylistically. i think he put the president on defense a number of times. >> reporter: now, the candidates aren't wasting any time. they're getting back on the campaign trail today. and the big next week when the vice presidential c
if congress can't reach agreement on extending tax cuts, 90 president of households will see a tax hike. jp morgan is sued for prod during the mortgage crisis. the first such action against a big bank filed by the task force and focuses on improper practices. toys r us says it's going to match the competitor's in stow prices. customers will need to show print ads at the lower prices. the of doesn't include on line deals. honda recalling 600,000, 2003 through 2007 accords, with v6 engines. a leak could cause fire. don't worry about the bay con shortage, the reports are hogwash but prices will go up. >>> this morning, a baltimore county firefighter stands accused of sexually assaulting two boys. >>> two murders in the past year adds up to a fine for a parkville bar. >>>
tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major credit card company is going to pay up to seattle, to settle claims of illegal practices. american express will refund $85 million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will pay million in fines. similar claims, were settled with capital one and discover. >>> well a decorated philadelphia police officer is facing brutality charges after punching a woman attending a parade. the confrontation was captured on video sunday. it is going to happen on the left side of the screen
buried. they're, they're just being crushed. i will not under any circumstances raise taxes on middle-income families. >> reporter: but the president said his rival doesn't have the right solutions and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle-class. >> now, five weeks before the election he is saying his big bold idea is never mind. >> reporter: the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cuts $716 billion from medicare to pay for it. i want to put that money back in medicare. it has killed jobs. >> reporter: but the president tried to bring it back to romney's own health care law which he says is quite similar. >> governor romney did a good thing working with democrats in the state to set up what is essentially the identical model. it hasn't destroyed jobs. >> reporter: there were few fireworks and there were even fewer surprises. both candidates were deliberate going through their policy points. rob, paula, at times that made it seem look they were m
policies, for instance, he has not indicated what tax loopholes he would close to pay for his tax cuts. they hope he will be pressed for this. we go now to david muir traveling with the romney campaign. >> reporter: hey, jake. good evening from denver. the debate two dames from now in this city. mitt romney will appear a short time from now at a rally right behind me. his campaign acknowledging he will spend most of his time h k hunked down, preparing for the most important night of his political career. the debate stage coming together here at the university of denver, where governor romney will stand on the same stage with the president for the first time. romney flying here from boston today -- along with the team of top advisors with whom he's practiced extensively. in early september, he spent days at this secluded retreat in vermont. then, more practice in los angeles. then, just this weekend in boston. and playing the role of the president in those mock debates -- sentator rob portman of ohio. portman taking pointed shots at romney in his answers. as top romney advisers looked
richer. >> i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >> reporter: when asked who would best handle unemployment, voters surveyed in a cnn orc poll taken before the week's debate picked romney by a 51- 45% margin over obama. today's numbers will be especially scrutinized because after this there is just one more jobs report expected before the november election. in washington, i am emily schmidt. >> the job report the numbers are due out by 8:30 this morning. >> claims are up about 367,000 americans filed for first time unemployment benefits last week. that's 4,000 more than the week before. those numbers are important because they serve as an indicator to how healthy the job market is overall. >>> in news around the nation this morning, drivers in california are getting a shock when they fill up at the pump. gas price we up more than 8 cents from wednesday to thursday. some customers paid more than $5.50 a gallon for regular unleaded they blame refinery outages for the spike and according to aaa, the national av
to the iraq war, and children's television is on the house. >> reporter: to taxes. >> why is it that if you take advantage of a tax break and you're a corporation, you're a smart businessman. but if you take advantage of something that you need to not be hungry, you're a moocher. >> reporter: and even foreign policy. >> it appears that the american foreign policy has been to go into the middle east and try to buy friends. does that ever work? >> yeah, we can buy friends. >> i think it works. >> reporter: there were moments you'll likely never see in the presidential debate. >> you just begrudged -- >> no, no, no. >> you've been begrudging all night. >> no. >> this is nothing but begrudging. >> reporter: here's their advice for bridging the bipartisan divide in congress. one major snafu of the night, some viewers had difficulties streaming the debate live. >> let me ask you this -- >> reporter: there was so much demand, it overloaded the servers. >> this whole idea is insanity. >> reporter: prompting tweets like this. "your site is more broken than america." "the rumble 2012 will soon be fol
to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems felt by middle-class families. >> jake, one thing romney is likely to bring up tonight. a gaffe by vice president joe biden, where he said the middle class has been buried for the last four years. >> reporter: that's right. vice president biden tried to clean up those remarks later in the day, saying he was referring to the middle-class buried by tax policies put in by republicans. ones that romney and ryan want to go back to. but criticism of what's happened to the middle-class over the last four years is one that ryan and romney jumped on. >> matthew dowd, what is a win for each candidate tonight? >> mit
was speaking about romney's economic plans when he said this -- >> how they can justify raising taxes on the middle-class that has been buried the last four years. >> reporter: republicans called it a stunning admission that the middle-class has been hurt by the obama administration's policies. congressman paul ryan pounced. >> of course the middle-class has been buried, buried by regulations, buried by taxes, buried by borrowing, they're being buried by the obama administration's economic failures. >> biden later tried to dig himself out. >> the middle class was buried by the policies of romney and the ryan supported. >> reporter: except for debate prep, a politics-free day for contenders. romney had lunch at chipotle. president obama paid a visit to the hoover dam. both have spent hours in debate sessions and both have challenges. aide say the president is working on keeping his answers short to not sound like professor obama. in order to win over undecided voters, romney needs to appear relatable and offer specifics on his agenda. >> he has to find something more than just discussi
justify raising taxes on the middle-class has been varied the last four years. >> reporter: it didn't take long for paul ryan to pounce on that comment. >> vice president biden just today said that the middle-class, over the last four years has been, quote, buried. we agree. that means, we need to stop digging by electing mitt romney. >> reporter: the latest abc news/"washington post" poll shows the race for president is still very close, which means every word and gesture tonight could impact the election. brandi hitt, abc news, denver. >> thanks to brandi hitt. abc's coverage of tonight's debate begins at 9:00 eastern, 6:00 pacific. >>> now, we turn to the trouble at american airlines. and actually progress on two fronts this morning. there is new movement in the bitter labor dispute between the airline and its pilots union. and also, the mystery of the seats that came loose during three, separate flights may have been solved. abc's tahman bradley is tracking all of the developments. good morning, tahman. that safety issue with those loose seats. what are we hearing now? >> reporter: wel
the republican ticket but he did so in way that brought fire upon himself. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: paul ryan pounced. >> vice president biden, just today, said that the middle class over the last four years has been quote buried. we agree. that means we need to stop digging by electing mitt romney as the next president of the united states. >> reporter: the vice president later said that the middle class pain was due to bush policiepol. the debate symbolizes a problem for the president. the economic collapse happened under bush, but four years later, families are still hurting. many in the middle class are barely treading water. all fodder for tomorrow night's debate in denver. the first lady is make her way there. first she stopped in ohio. where early voting began today. >> are we going sit back and watch everything we worked for and fought for to just slip way? >> reporter: ann romney got to colorado before her. >> we have a debate comes up. we're excited about that. we're focused. >> reporter: family membe
presidential nominee preparing for his own debate avoided giving details much the tax plan even when pressed. >> haven't given me the math. >> i don't have the -- it would take me too long to go through all of the math. >> reporter: the president is in nevada at any time for what insiders call three days of debate camp at a resort outside of las vegas. they too are trying to lower expectations and believe the count that the romney campaign is convinced debates are about moments. >> the idea that i'm anti-immigrant is repulsive. >> reporter: and romney will come armed with several one-liners. >> they've been 3r5ing zingers and lines for months. i'm sure a bunch of clever lines but that's not what the american people are looking for. >> reporter: the president is being coached to be crisper, shorten his answers and a former democratic candidate says he needs to avoid being irritable. >> he's got to relax. he's got to show it and show a little sense of humor. he's got to show why he's likable. >> reporter: the debate is set for 90 minutes on wednesday night. it's all on domestic issues, the fir
romney's been running around the country for the last year, promising $5 trillion in tax cuts that favor the wealthy. >> reporter: many supporters asking, why wasn't the president tougher? why no mention of romney and his comments about the 47%? the people romney said he could never convince to take personal responsibility. romney offering new explanation for those comments overnight. >> why didn't president obama bring that up? what would you have said if he did bring it up? >> clearly, in a campaign with hundreds, if not thousands of speeches, and question and answer sessions, you're going to say something that didn't come out right. and i said something that's just completely wrong. >> reporter: that was one of the first times we heard romney, in fact, the first time we heard him say he was completely wrong about those comments about the 47%. as far as the obama campaign is concerned, they've acknowledged in the last 24 hours, they have to look at their debate strategy before the next one. >> they know it has to change. >>> now, to the big jobs news. the latest report on unemployment
. the romney campaign saying that the president raised middle-class taxes. >>> both sides will be watching a court decision in pennsylvania today. a judge expected to rule whether a law requiring voters to show a photo i.d. is, in fact, constitutional. >>> and a philadelphia police lieutenant under investigation after punching a woman in the face. the video you see here from the puerto rican day parade, shows the lieutenant striking a woman so hard, she falls to the ground bleeding. police claims she threw beer at them. we'll hear more about this. >>> finally, what every folicly-challenged fella has been waiting to hear. i should recuse myself from this story. a new study finds pursuit folks, like bruce willis, not only appear tougher and more powerful than more men, they're seen as taller and better leaders. >> and cuter. >> guys like patrick stewart, are masculine enough to take on the cable company, as we recently reported. the study did find the guys with full, lustrous hair are found to be more attractive. >> i thought they were going to go with your husband, mark there. >> i keep wai
Search Results 0 to 18 of about 19